BBA Aviation plc (LON:BBA)‘s stock had its “buy” rating reissued by Investec in a note issued to investors on Tuesday. They presently have a GBX 335 ($4.41) price objective on the stock. Investec’s target price points to a potential upside of 2.29% from the company’s current price.
A number of other brokerages have also recently commented on BBA. Liberum Capital reiterated a “hold” rating and set a GBX 325 ($4.27) price target on shares of BBA Aviation plc in a research report on Tuesday. Barclays PLC reiterated an “overweight” rating and set a GBX 340 ($4.47) price target on shares of BBA Aviation plc in a research report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 336.17 ($4.42).
Shares of BBA Aviation plc (LON BBA) traded up GBX 11.70 ($0.15) during midday trading on Tuesday, reaching GBX 327.50 ($4.31). 1,403,847 shares of the company’s stock were exchanged, compared to its average volume of 1,470,000. BBA Aviation plc has a twelve month low of GBX 249 ($3.28) and a twelve month high of GBX 328.30 ($4.32).
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BBA Aviation plc Company Profile
BBA Aviation plc is a provider of global aviation support and aftermarket services primarily focused on servicing the Business and General Aviation (B&GA) market. The Company operates through two divisions: Flight Support and Aftermarket Services. The Flight Support businesses include Signature Flight Support, which is a fixed base operation (FBO) network for B&GA covering destinations in North America, Europe, Caribbean, Africa and Asia.
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